News & Notice

ØOil
export powerhouse(country that exports a lot of oil has lots of money, rich
country), Entered in Master Franchise with a rich country “Qatar”

ØContract
with ‘Qatari Investor Group’ for Construction in the middle east / Rent / Real
Estate company concluded

ØGoal
is to start 15 stores in Qatar

ØPlans
to open 1st store at the world wide famous “Hotel Chain” within Doha
(capital of Qatar)

ØExamination
of Saudi Arabia, Kuwait, Arab Emirates

(2014
July 28th Monday) TOM N TOMS has entered a Master Franchise contract
with Qatar Investor Group on July 28th(Mon).

Although
Qatar is a country with a population of just 2,000,000~2,500,000 people, they
are known to be a power country because of their oil exports bringing in
wealth. The people of the country are mostly Muslim and because most
restaurants prohibit the sale of alcohol, the coffee and tea culture is more
developed. This has caused competition between different coffee brands to be
fiercer in the area.

Qatari
Investor Group is a company that specializes in construction, rent, and real
estate and with this company; Tomntoms have set goals to open 15 stores in
Qatar.

CEO
Kim Do Kyun says “At the world major hotel chain, TOM N TOMS will be opening
the 1st store in Qatar and will eventually spread into Saudi Arabia,
Kuwait, and Arab Emirates as well. Through this opportunity, I hope to
introduce the TOM N TOMS brand all over the Middle East.”

While
Tomntoms has open 28 stores overseas in US, Thailand, Australia, Singapore, and
Mongolia the 1st directly managed store in Qingdao, China is also under
preparation for opening. In addition, plans for a master franchise contract in
Macau, Armenia as well as a franchise in the Philippines will be in progress
during the second half of the year.